Crypto Fundraising weekly
Dates: 27 Apr – 03 May 2025

This week's biggest funding round

Miden raised $25M in a Seed funding round from Andreessen Horowitz (a16z crypto)*, Hack VC*, 1kx*, Finality Capital, Symbolic Capital (ex Hyperedge Capital), P2 Ventures (Polygon Ventures), MH Ventures, Delta Blockchain Fund, Avery Ching, Sreeram Kannan.

Miden is an edge-first blockchain that empowers applications with scalable, private, and secure transactions. By moving execution and state management to the client side, Miden overcomes the traditional limitations of scalability, privacy, and security in blockchains. Users can execute and prove their own transactions through client-side proving, ensuring full control over their data and minimizing trust assumptions. Built with Rust and utilizing native asset storage, Miden fosters safer smart contract development while delivering high performance and privacy. It is the way blockchains were always meant to work — scalable, private, and secure.

Pre-seed and Seed investment rounds

aZen Protocol raised $1.2M in a Seed funding round from Waterdrip Capital*, DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Labs, DePIN X, Open Digital Infrastructure Group (ODIG).

aZen Protocol is a decentralized AI-native computing infrastructure designed to transform idle computing resources into tokenized assets. By converting hardware and applications into dynamic fractional NFTs (dfNFTs), aZen enables users to monetize their unused resources, contributing to a decentralized physical infrastructure network (DePIN). This approach supports scalable AI applications and decentralized services, fostering a more efficient and accessible Web3 ecosystem.

Terminal 3 raised $8M in a Seed funding round from Illuminate Financial*, Titan Fund*, IDG Blockchain, 500 Startups (500 Global), Animoca Brands, BlackPine, Progression Fund, Consensys Mesh, Cherubic Ventures, Hard Yaka.

Terminal 3 is a Hong Kong-based Web3 startup focused on decentralized data storage, providing an alternative to centralized systems that compromise privacy and pose compliance and security challenges for enterprises. Leveraging decentralized storage and zero-knowledge proofs, Terminal 3 aims to enable a fair Web3 environment where user data remains fully private and secure while being freely composable.

Gata (ex Aggregata) raised $4M in a Seed funding round from YZi Labs (ex Binance Labs), Gate Ventures, IDG Blockchain, Maelstrom, Manifold, MH Ventures, Anti Capital, Formless Capital, V3V Ventures, Dewhales Capital, WAGMI Ventures, 071labs (Zero Seven One Labs), Echo.

Gata is a decentralized AI data infrastructure project focused on advancing superalignment—ensuring AI systems align with human values. Formerly known as Aggregata, Gata offers tools like DataAgents for decentralized data validation and indexing, supporting AI model training. Operating within the Cosmos ecosystem, Gata integrates NFT-based yield farming and has launched the Gata RollApp on Dymension to enhance NFT utility and staking. Backed by investors including Binance Labs, Gata aims to democratize AI development through community-driven data curation and decentralized infrastructure.

Miden raised $25M in a Seed funding round from Andreessen Horowitz (a16z crypto)*, Hack VC*, 1kx*, Finality Capital, Symbolic Capital (ex Hyperedge Capital), P2 Ventures (Polygon Ventures), MH Ventures, Delta Blockchain Fund, Avery Ching, Sreeram Kannan.

Miden is an edge-first blockchain that empowers applications with scalable, private, and secure transactions. By moving execution and state management to the client side, Miden overcomes the traditional limitations of scalability, privacy, and security in blockchains. Users can execute and prove their own transactions through client-side proving, ensuring full control over their data and minimizing trust assumptions. Built with Rust and utilizing native asset storage, Miden fosters safer smart contract development while delivering high performance and privacy. It is the way blockchains were always meant to work — scalable, private, and secure.

ROVR raised $2.6M in a Seed funding round from Borderless Capital*, Geodnet*, IoTeX.

ROVR Network is a decentralized geospatial infrastructure protocol that enables real-time, high-definition 3D mapping using LiDAR, camera, and RTK-GNSS technology. Designed to power autonomous systems and spatial AI, ROVR transforms geospatial data collection into an open platform built on blockchain and incentivized through token rewards.

Other investment rounds

Fleek raised $5M in a Public sale  funding round from .

Fleek is the Agentic Cloud platform, offering developers, creators, and brands everything needed to build, manage, and monetize AI agents and virtual influencers. Positioned as the next evolution beyond websites and apps, Fleek provides a premium cloud experience tailored for AI-native interactions, digital twins, social agents, and marketing campaigns. It empowers the future of online engagement through scalable, monetized AI infrastructure.

Dinari raised $12.7M in a Series A  funding round from Hack VC*, Blockchange Ventures*, VanEck, F-Prime Capital, Blizzard, Arete Capital, Factor Capital, GSR Ventures, Silvermine Capital.

Dinari aims to provide access to real-world asset backed tokens through of its dShare Platform. The platform offers access to securities such as Apple or Tesla stock using a wallet on the Arbitrum network. The dShare Platform is designed to provide transparent blockchain transactions, immutable proof of ownership, the ability to transact with your crypto wallet, composability with other blockchain products, and instant settlement.

Boop fun raised undisclosed amount in a Angel  funding round from Raj Gokal, Mert, WereMeow, Francesco Agosti, 0xSun.

Boop.fun is a Solana-based memecoin launchpad that empowers users to create and promote their own tokens—dubbed “cults”—with just a few clicks. Launched in May 2025 by NFT influencer Dingaling, the platform integrates social media dynamics and gamified incentives to foster viral token communities.

B² Network (Bsquared Network) raised $300K in a Public sale  funding round from .

B² Network is a practical Bitcoin Layer-2 solution, utilizing zero-knowledge proof verification commitment rollup technology. It enhances transaction speed, reduces costs, and broadens application diversity, including compatibility with the Ethereum Virtual Machine (EVM). The network envisions a future where Bitcoin becomes a versatile platform, interacting seamlessly with various financial services and decentralized applications, reviving a builder culture through active contribution and innovation.

ZAR raised $7M in a  funding round from Dragonfly Capital*, Andreessen Horowitz (a16z crypto)*, VanEck*, Coinbase Ventures.

ZAR is a digital wallet that enables users to convert cash into digital dollars, offering a bridge between cash-based economies and Web3. Through the ZAR app, users can find local merchants, exchange cash for digital currency, and use digital dollars for global transactions with virtual and physical debit cards. ZAR ensures secure and fast transfers, helping protect funds from local currency fluctuations while offering a simple, user-friendly interface.

Kaia (ex Klaytn) raised undisclosed amount in a  funding round from Blockchain Capital*, 1kx*, Galaxy Digital, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, Lingfeng Innovation Fund (LIF), Waterdrip Capital, MEXC Ventures.

Kaia is a high-performance Layer 1 EVM-compatible blockchain formed through the merger of Kakao’s Klaytn and LINE’s Finschia networks. It aims to accelerate Web3 adoption across Asia by offering rapid transaction speeds (1-second finality), low gas fees, and seamless integration with popular messaging apps like KakaoTalk and LINE. Kaia’s infrastructure supports a wide range of decentralized applications, including DeFi, gaming, and real-world asset tokenization, making it a robust platform for developers and users alike.

MilkyWay raised $300K in a Public sale  funding round from .

MilkyWay is a liquid staking solution for Celestia, allowing users to stake TIA coins and receive milkTIA tokens, which represent their staking position and enable liquidity for staked assets. With MilkyWay, users can earn staking rewards that automatically compound, while still having the flexibility to trade or use their staked assets in DeFi products. Additionally, MilkyWay Protocol will introduce its native token MILK, which grants holders governance rights and a share of the protocol fees generated from staking rewards.

Camp Network raised $25M in a Series A  funding round from 1kx*, Blockchain Capital*, OKX Ventures (ex OKEx Blockdream Ventures), Lattice Fund, Paper Ventures, dao5 (daofive), TrueBridge Capital, Selini Capital, Hypersphere, Maven 11 Capital, Protagonist.

Camp Network is a Layer-1 blockchain designed to modernize intellectual property (IP) infrastructure and power the next generation of AI agents on verifiable IP. It enables users to register, own, and monetize their IP—such as art, code, and music—directly on-chain. By aggregating Web2 user data, Camp allows for the creation of modular digital identities, facilitating personalized and immersive Web3 experiences. The network’s architecture supports transparent attribution and native royalty distribution, fostering a collaborative ecosystem for creators and developers.

Thru (Unto Labs) raised $14.4M in a  funding round from Framework Ventures*, Electric Capital*.

Unto Labs is developing a high-performance Layer 1 blockchain engineered for extreme scalability and developer accessibility. Founded by former Solana core contributor Liam Heeger, the platform introduces a novel virtual machine, ThruVM, built on the RISC-V architecture to bridge the gap between blockchain and traditional computing environments.

Ika (dWallet Labs) raised undisclosed amount in a  funding round from Sui Foundation.

Ika is a high-performance parallel MPC network built on Sui, enabling secure, zero-trust interoperability and digital asset management across multiple blockchains. Supporting sub-second latency and 10,000+ TPS, Ika powers decentralized custody, multi-chain DeFi, chain abstraction, and AI agent guardrails through its innovative 2PC-MPC scheme and Sui’s Mysticeti consensus.

* fund, that lead investment round